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Why I Just Bought This Beaten-Down Marijuana Stock


I wouldn't touch most marijuana stocks with a 10-foot pole right now. There are simply too many uncertainties, including the lingering impact of the COVID-19 pandemic. But there are few marijuana stocks that are worthy of consideration -- and one especially notable one.

I recently bought shares of Innovative Industrial Properties (NYSE: IIPR). What prompted me to part with my hard-earned cash and invest it in this cannabis stock? There are three main reasons.

Image source: Getty Images.

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Source Fool.com

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